Margate Roofing Ltd

Key Facts

Net Assets

Current: £24,132

Previous: £25,009

Change: -877 (-3.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £36,033

Previous: £67,290

Change: -£31,257 (-46.5%)

Comment: Current assets fell significantly.

Cash

Current: £17,927

Previous: £61,285

Change: -£43,358 (-70.7%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £18,455

Previous: £49,354

Change: -£30,899 (-62.6%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £17,578

Previous: £17,936

Change: -£358 (-2%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.